Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $46.32 and last traded at $46.80, with a volume of 27366 shares trading hands. The stock had previously closed at $46.2350.

Innovator U.S. Equity Power Buffer ETF – January Stock Performance

The stock’s 50 day simple moving average is $46.15 and its 200 day simple moving average is $45.08. The firm has a market cap of $1.38 billion, a P/E ratio of 24.16 and a beta of 0.47.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Large investors have recently added to or reduced their stakes in the business. Capital Analysts LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – January by 52.0% during the 1st quarter. Capital Analysts LLC now owns 1,178 shares of the company’s stock worth $49,000 after purchasing an additional 403 shares in the last quarter. Comerica Bank purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at approximately $104,000. Global Wealth Strategies & Associates bought a new stake in Innovator U.S. Equity Power Buffer ETF – January during the third quarter worth $163,000. Silicon Valley Capital Partners purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the 3rd quarter valued at $174,000. Finally, Financial Network Wealth Advisors LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – January by 30.0% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 3,943 shares of the company’s stock valued at $181,000 after acquiring an additional 910 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – January Company Profile

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PJAN was launched on Jan 2, 2019 and is managed by Innovator.